KWG and SPQ need to keep the shares Halted on Monday. They cannot allow the shares to resume trading otherwise the spread between SPQ and KWG will likely get bigger (SPQ at 0.19, KWG at 0.10 or something) thus hurting the chance of a merge and hurting a KWG comeback.
I was a little worried about the Mineralfields support comment, but after thinking about it, it really is just a scare tactic by Cliffs. Mineralfields can easily change their mind about the 19 cents if something better comes along... as I'm guessing the shares tender of 19 cents is not unconditional.
The valuation, better merge conditions, support from 3rd party, etc. who knows what might pop up. Stay strong, plenty of more cards in the deck!
I can understand KWG not wanting to give too much away on a share swap with SPQ. But even if the swap becomes 2 KWG shares for each 1 SPQ share.. We would ALL be better in the long run, both SPQ and KWG shareholders united is the best option. And really many of us own both anyway!